The Profit of Industrial Enterprises above Designated Size in 2023

In 2023, the total profits of industrial enterprises above the designated size reached 7,685.83 billion yuan, down by 2.3 percent year on year, a decline of 2.1 percentage points narrower than that from January to November (calculated on comparable basis, see Annotation 2 for details).

In 2023, among industrial enterprises above the designated size, state-holding enterprises realized a total profit of 2,262.31 billion yuan, a year-on-year decrease of 3.4 percent; share-holding enterprises realized a total profit of 5,677.30 billion yuan, a decrease of 1.2 percent; enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan realized a total profit of 1,797.51 billion yuan, a decrease of 6.7 percent; private enterprises realized a total profit of 2,343.76 billion yuan, an increase of 2.0 percent.

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